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1020 NW 5th St, Madison, SD, 57042

$224,900

Home List Price

$2,671*

Closing Credit

6 Bedrooms
1 Full Bath
1,821 SqFt
$124/SqFt
House

Location

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1020 NW 5th St, Madison$224,900

Buyer Closing Credits

$2,671*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Attached Garage2 spaces
Year Built1929
HeatingCentral, Gas
CoolingCentral Air
MLS #22408493
StatusActive

About 1020 NW 5th St

Cozy and comfortable room galore with this two story house on the NW side of Madison, SD! This well maintained home offers plenty of living space with six bedrooms which could also serve as office space, workout space, etc. The house also has numerous entrances, two kitchens (one upstairs, one downstairs), and is metered out for a possible duplex setup as well. This property boasts a convenient two stall attached garage along with a garden shed and mower shed for the green thumb in your life. Finally, discover plenty of storage space with this 909 square foot basement. It's a wonderful home ready for a family, couple, or someone ambitiously looking for an investment property opportunity!

Property Details

Property Features

Property Information:

  • Architectural Style: None
  • Year Built: 1929
  • Living Area: 1,821 SqFt

Listing Office:

  • Office Name: Real Estate Retrievers of Sioux Falls
  • Listing Agent: Owen Parsley

Interior Features

Interior Information:

  • Appliances: Gas Range, Refrigerator, Ceiling Fan(s), Washer, Dryer, Garage Door Opener
  • Flooring Type: Carpet, Laminate

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 6

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes

Utilities

Utilities Information:

  • Heating: Central, Gas
  • Cooling: Central Air

Other

Directions Information:

  • Directions: NA

Price Information

Listing Price Info

Price Summary:

  • List Price: $224,900
  • Price Per SqFt: $124/SqFt
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Housing Market Comparison

See how this home compares to others in Madison, SD.

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Madison, SD

City

Med. List Price

$295K

Med. Price/SqFt

$158

Avg. Days On Market

56

1020 NW 5th St vs Madison

31 DAYS ON ROCKET

-25 Days

$224,900

-$70.1K Less

$124/SqFt

-$34 Less

KEY TAKEAWAY

This property is $70.1K less than the Median List Price and $34/SqFt less than other homes in Madison, SD.

Based on homes listed in November 2024

MLS Details

MLS Information:

  • MLS Number: #22408493

Listing Office:

  • Office Name: Real Estate Retrievers of Sioux Falls
  • Listing Agent: Owen Parsley

IDXThe data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the REALTOR® Association of the Sioux Empire, Inc., Multiple Listing Service. Real estate listings held by other brokerage firms are marked with the Internet Data Exchange™ logo or the Internet Data Exchange thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The broker(s) providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The REALTOR® Association of the Sioux Empire, Inc. does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.
Broker Reciprocity
©2024 REALTOR® Association of the Sioux Empire, Inc. Multiple Listing Service. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 1:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020 - $85,700
2018 - $74,000

History based on county public records data.

Payment Calculator

$1,190

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$741

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-714342
6
/10

  • Madison Elementary - 07

  • 700 NW 9th St

  • 0.48 miles

  • Public District Grades KG-5

school-card-donut-714343
7
/10

  • Oldham-Ramona Elementary - 02

  • 220 W 2nd St

  • 8.86 miles

  • Public District Grades PK-6

school-card-donut-714344
6
/10

  • Rutland Elementary - 02

  • 102 School St

  • 9.77 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $52,183. Most Madison, SD residents have annual incomes between $35k-100k. The most common type of family is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1020 NW 5th St

What is the listing price of this property?

The listing price of 1020 NW 5th St property is $224,900.

What type of property is this?

The property 1020 NW 5th St is a house located in Madison, South Dakota, 57042.

Is this property for sale now?

Active Listing: 1020 NW 5th St is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 1020 NW 5th St has 6 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1020 NW 5th St is 1,821 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1020 NW 5th St is 1929.

Rocket Homes›South Dakota›Lake County›Madison›57042›1020 NW 5th St

This home is located at 1020 NW 5th St in Madison, SD and zip code 57042. This 1,821 square foot home was built in 1929. Features: 6 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 19, 2024 and is currently priced at $224,900.

In November 2024 in Madison, SD there were 63.2% more homes for sale than in October 2024. The median list price of listings available in November 2024 was $295,000, while the average time on the real estate market was 56 days.

From Rocket Homes Real Estate and based on county public records data.

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